SIME is an conference that in my opinion has become an important tribe meeting for passionated digital entrepreneurs. This year its in Stockholm 2013 takes place 12-13 November:

SIME is Northern Europe’s largest event on digital opportunities, technology, communication and entrepreneurship. During two days and nights, more than 80 speakers and 1 800 guests meet in Stockholm for Scandinavia’s premier annual Internet event. This year the theme for SIME Stockholm is downloading the future of business and a top roster of speakers will do their outmost to share experience and insights to make you stay ahead of the digital game. SIME Stockholm also features 18 workshops, SIME Investor Summit, SIME Non-Profit Summit and SIME HR Summit.SIME

Today a lot of business sectors – such as finance, CRM, bookkeeping, data storage – are protected because of the large investments required to develop them. They have grown safely into market leaders because their competitors have been unable to make the necessary investments to compete with them. But now as these IT investments move into the clouds, there will no longer be any obstacles to protect market leaders from competition – for clients and consumers it means freedom of choice.

As a result, predator software companies will move up the food chain, devouring market share in sectors such as finance. Services previously protected by barriers of entry will no longer be a problem for such predators.

This week I listened to an exclusive lecture by Frida Fahlgren at LinkedIn. She told us about a lot of the factors that makes LinkedIn a success. The funniest part of the lecture was when she referred to her niece Alice’s (15 years old) reaction when she told her she was working at LinkedIn:

It´s like Facebook, but for seriously old people!Speech quoted with permission from Frida Fahlgren, employed at LinkedIn

In every industry there are a number of people who are more successful than others, the cause is often credited their skills. Though really builds their success is often just the simple factor that they are the best at relationships within the industry. They have found the formula to convert its currency relative to cash.

These extremely socially gifted people in every city, every industry and has always functioned as a social engine. Before it was in the caves today give social media these people a platform to expand their relationships from hundreds to thousands of friends. As these individuals serves as a Facebook on two legs, affects their relationships economy so much that this value can be compared with a currency, a currency relationship.
Relationships can this value be an industry that is only aimed at bringing relationships into cash. Unethical says many but today, Facebook and other proven that it is possible to make money right relationships – what they all made the connection to the offline world that is far greater than online.
Banks should create an exchange of relationship currency, then companies would be able to invite people who have relationship currency to exchange at various customer events. The people who have 3000 + friends on platforms such as Facebook is more than you think. With a value linked to their social skills, they can together establish a trade. Relationship currency may also suffer inflation that reduced the value of relationships in the value far exceeds the person’s skills, then incompetence make relations vulnerable to more skilled competition. The effect can then lead to the amateur is more competent than the professionals is often the case in social media.The only question is where currency value should be compared with the Euro and U.S. dollar?